Transcontinental Realty Investors (NYSE:TCI) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Transcontinental Realty Investors (NYSE:TCI) in a research note published on Wednesday morning. The firm issued a sell rating on the real estate investment trust’s stock.

Transcontinental Realty Investors Price Performance

Shares of NYSE TCI opened at $27.60 on Wednesday. Transcontinental Realty Investors has a 1-year low of $26.29 and a 1-year high of $43.40. The firm has a market capitalization of $238.46 million, a PE ratio of 74.59 and a beta of 0.55. The business’s fifty day moving average price is $28.58 and its two-hundred day moving average price is $28.81.

Institutional Trading of Transcontinental Realty Investors

Several large investors have recently added to or reduced their stakes in TCI. JPMorgan Chase & Co. increased its holdings in shares of Transcontinental Realty Investors by 182.6% during the third quarter. JPMorgan Chase & Co. now owns 2,329 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 1,505 shares during the period. Barclays PLC increased its stake in Transcontinental Realty Investors by 261.9% during the 3rd quarter. Barclays PLC now owns 1,625 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 1,176 shares during the period. TCW Group Inc. raised its position in shares of Transcontinental Realty Investors by 0.6% during the 3rd quarter. TCW Group Inc. now owns 68,369 shares of the real estate investment trust’s stock worth $1,968,000 after buying an additional 382 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Transcontinental Realty Investors by 1,073.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,038 shares of the real estate investment trust’s stock worth $87,000 after acquiring an additional 2,779 shares during the period. Finally, Renaissance Technologies LLC bought a new position in shares of Transcontinental Realty Investors in the second quarter valued at approximately $219,000.

Transcontinental Realty Investors Company Profile

Transcontinental Realty Investors, Inc, a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.